First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Plans $0.22 Monthly Dividend

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) declared a monthly dividend on Thursday, February 20th, NASDAQ Dividends reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.215 per share on Friday, February 28th. This represents a $2.58 dividend on an annualized basis and a dividend yield of 6.22%. The ex-dividend date is Friday, February 21st.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Price Performance

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock traded down $0.25 during trading on Friday, reaching $41.45. 117,559 shares of the company’s stock were exchanged, compared to its average volume of 340,149. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1-year low of $40.12 and a 1-year high of $42.55. The firm’s 50-day moving average price is $41.54 and its 200 day moving average price is $41.65.

About First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

The First Trust Tactical High Yield ETF (HYLS) is an exchange-traded fund that is based on the ICE BoFA US High Yield Constrained index. The fund is an actively managed fund holding up to 130% in long positions in high yield bonds it expects to outperform, and up to 30% short positions in issues it expects to underperform.